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World Bank bars Alstom units for 'improper payment'
Wed, 22 Feb 2012 21:57:34 -0800
WASHINGTON (Reuters) - The World Bank on Wednesday blacklisted two subsidiaries of French engineering company Alstom for the next three years for "improper payment" in a Zambian hydropower project funded by the global development lender. A settlement between the World Bank and Alstom, which the Bank said had acknowledged the "misconduct," includes a restitution payment of about $9.5 million by ...
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Runner’s World Unveils First Hometown Half Marathon and Running Festival
Wed, 22 Feb 2012 13:04:00 -0800
Runner’s World, recognized as the worldwide authority on running information and known for its passionate fan base, is once again poised to engage its consumers where they live and run.
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World stocks rise as Greek debt deal fears recede
Thu, 23 Feb 2012 01:32:07 -0800
World stock markets rose Thursday as fears receded over the viability of a deal reached by European leaders to save Greece from financial collapse and preserve its place among nations that use the euro.
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